With a variety of ‘new revenue opportunities,’ the sports sector—teams, leagues, stadiums, broadcasting rights and more—is reaching new heights.
The performance raised the plans’ year-to-date return to 9.6%.
The C$648.8 billion pension giant will own a 90% stake, while real estate firm Kennedy Wilson will take a 10% interest and manage the operation.
Established and emerging sports leagues are opening up and attracting institutional investors to a range of opportunities.
From youth sports to wellness to gambling, technology has made it easier to invest in—and profit from—sports.
The New Hampshire Retirement System’s 8.8% fiscal 2024 return missed its benchmark by 310 basis points.
An alumnus, Baumgartner will succeed Bill Reeser, who is scheduled to retire at the end of the year.
